Isle housing bottom seen - Business

Isle housing bottom seen - Business

There are 62106 comments on the Honolulu Star-Bulletin story from Apr 3, 2009, titled Isle housing bottom seen - Business. In it, Honolulu Star-Bulletin reports that:

The worst could be over for Oahu's slumping housing market even though slower conditions are expected to persist until there is better economic news in the state.

Join the discussion below, or Read more at Honolulu Star-Bulletin.

Joe Balls

Since: May 11

Location hidden

#53942 Jan 7, 2013
Guru wrote:
lol...paufaggy is coming unhinged again....:)))
haha...it is fun to watch the chronic moron go berzerk trying to save obama!
ROTFLMAO!!!
I've been watching! LOL, she/he/it DEMANDS posters reveal their location, like it will reveal personal info it's use. Pau, enlighten us as to why you need Moi's location, will ya, ya silly bastid?
Pau

Since: Jan 11

Honolulu, HI

#53943 Jan 7, 2013
It'll be a cold day in Waianae[Hell] before I'd ever enlighten a Yellow Streak of your nature. Nice try, bigot.
Monkey butt

Canyon Country, CA

#53944 Jan 7, 2013
Pau wrote:
It'll be a cold day in Waianae[Hell] before I'd ever enlighten a Yellow Streak of your nature. Nice try, bigot.
lol...nobody wants to know your location (which is known to some of us). and they sure as hell never want to see you. A baboon's butt is better looking than you. And you would know as you live in one. Your hair is a mess too mop head.
Monkey butt

Canyon Country, CA

#53945 Jan 7, 2013
Joe Balls wrote:
<quoted text> I've been watching! LOL, she/he/it DEMANDS posters reveal their location, like it will reveal personal info it's use. Pau, enlighten us as to why you need Moi's location, will ya, ya silly bastid?
...he desperately needs a date. she will never get one though. too damn ugly.
Guru

Canyon Country, CA

#53946 Jan 7, 2013
now that obama got his $620Billion in new taxes, he wants anothe TRILLION from you.
part 1/3-

ON CAPITOL HILL
Democrats plan another $1 trillion in taxes
Pelosi says last week's $620 billion 'is not enough'
Published: 7 hours ago

You may notice a smaller total in your first paycheck for 2013, because the “fiscal cliff” deal allowed a tax break for working people to end, and Social Security taxes to rise. It was part of the $620 billion in increased taxes Barack Obama was given by Congress just last week.

Critics warned at the time he’d be back for a lot more of your paycheck.

Now Obama’s party has confirmed that, with several members explaining their demands for another $1 trillion in tax increases on Americans.

“We’ve done about $2 trillion. I thought $4 trillion is the goal we should reach. I think we’re about halfway there. We need another $2 trillion,” said Sen. Ben Cardin, D-Md., a member of the Finance Committee, in a report in The Hill.

He explained what already was done, claiming a $917 billion cut in spending under the Budget Control Act from 2011, and last week’s $620 billion in new tax revenue. He said the interest and related numbers affected makes that package add up to about $2 trillion.

He said another $2 trillion is needed, of which $1 trillion needs to be in additional taxes.

The report said Sen. Jon Tester, a Democrat from Montana who won a close re-election in November, has called for similar numbers.

In a report in Politico, ex-House Speaker Nancy Pelosi, D-Calif., noted Americans simply aren’t paying enough. The $600 billion-plus “is not enough on the revenue side.”

Join in the “No More Red Ink” campaign.

Republicans have taken the position that tax reform should be revenue-neutral – that whatever results from closing loopholes or changing requirements should be used to lower overall rates. They say the budget deficit should be fixed through cutting spending programs.

Senate Republican leader Mitch McConnell, R-Ky., has said bluntly that the problem is not that the government gets too little – it just spends too much.

“We spend way, way too much,” he said Sunday on NBC’s “Meet the Press.”

On ABC’s “This Week,” McConnell said,“The tax issue is, finished, over, completed. That’s behind us now.”

Democrats in the majority in the U.S. Senate have failed for years to even establish a U.S. budget, operating on a variety of temporary resolutions and the like. Even the “fiscal cliff” solution that was created to avoid a simultaneous huge hike in taxes under Obama, and mandatory spending cuts, didn’t address all of the pending problems.

For example, it only delayed the planned automatic across-the-board spending cuts.

On “Meet the Press,” Obama suggested he’s going to demand Americans pay more taxes in order to avoid those in the coming weeks.

“Revenues have to be part of the equation,” he warned.

Those in the U.S. House who are part of the tea party movement say Obama’s “fiscal cliff” solution didn’t even begin to address the nation’s debt or job problems.

In fact, U.S. Rep. Paul Broun, R-Ga.,, told WND “without a doubt” the economic crisis will grow

continued-
Guru

Canyon Country, CA

#53947 Jan 7, 2013
part 2/3-

"... worse, because the “solution” adds $4 trillion to the debt in just 10 years, permanently raises taxes for families and small businesses, and fails utterly to curb spending.

He said the U.S. could look to Greece to foreshadow its future.

“Unless this Congress, administration, and president get serious about cutting spending we’ll very soon be in the same position as Greece,” he said.“We’ll be taxing everyone in the country at maximum rates but still spending so much that we will no longer be able to meet our obligations or provide the government services that we promised those who paid into them.

“That’s when we’ll reach the real fiscal cliff, and as a consequence the United States will no longer be the global leader and economic powerhouse that it once was,” he warned.

The dark forecast continued, with the suggestion that other nations soon will figure out that it’s less than wise to lend to a debtor nation with no real plans to address its bills, he said.

“China has stopped buying up our debt because they can see the writing on the wall – we’re never going to be able to repay it. Without deep, targeted spending cuts we’re only delaying the inevitable. Eventually, the United States will be borrowing and spending so much that the federal government will no longer be able to meet its obligations and our nation’s status as a global powerhouse will slowly fade away,” he said.

U.S. Rep. Michele Bachmann, R-Minn., head of the House Tea Party Caucus, said right after the “fiscal cliff” vote, in which Congress gave Obama another $600 billion-plus in tax revenue while virtually ignoring spending cuts,“Washington politicians have engineered a last minute backroom deal that does not address America’s jobs and debt crisis.”

She said her opposition rested on the fact that,“Rather than a deficit reduction plan, the Senate sent us a grow government plan. I cannot support a plan that has billions in tax increases with no meaningful cuts in spending. It’s time to solve problems rather than delay them.”

And observers have pointed out that the real fight over spending is just now developing – because the House Republican majority will be asked soon to raise the nation’s borrowing limit.

Obama has said he won’t negotiate over it, but without approval from Republicans, the nation’s spending would be limited to the essentials, such as Social Security payments, national defense and border patrol.

Obama’s spending packages such as Obamacare may not be funded without the increase, which gives the GOP considerable negotiating power in requiring spending cuts to accompany any debt ceiling increase, according to observers.

Recently, more than 100 conservative leaders from across the nation sent a letter to GOP members in Congress encouraging them to “negotiate from a position of strength” with Democrats regarding the trillions of dollars in tax increases Barack Obama is demanding.

“It’s in the interest of the country and in your personal interest for you to use the power you unquestionably have now to stand firm and not surrender your conservative principles, no matter how loud the clamor of people whose central interests is to advance the left’s agenda,” says the letter.

The letter was signed by Morton Blackwell, chairman of the Weyrich Lunch, Colin Hann of Let Freedom Ring, Ed Meese of the Conservative Action Project, Jim Martin of the 60 Plus Association and Phyllis Schlafly of Eagle Forum, among others.

A separate “No More Red Ink” campaign explains what authority the GOP currently holds as the majority party of the U.S. House, where all national spending bills must originate.

The GOP can decline to authorize an increase ...

continued to last part-
Guru

Canyon Country, CA

#53948 Jan 7, 2013
part 3/3-

"...in the national debt limit and force billions of dollars in spending cuts, because programs would not legally have money available to run.

Joseph Farah, CEO of WND and originator of the campaign, noted that House Republicans can take such action unilaterally. They wouldn’t need a single Democrat vote, he said.

“It will take only 218 House Republican votes to stop the borrowing next year. And I’m pretty certain Republicans will maintain control of the House and possibly gain control of the Senate next year. That’s why I’m optimistic about the success of this powerful, nation-changing plan,” he wrote.

“Just think what it will mean if, following this campaign of relentless, grass-roots lobbying, Republicans actually live up to their rhetoric about the Constitution and limited government and balanced budgets next year. We can have a balanced budget overnight!”

He also said “unconstitutional and destructive bureaucracies” could be eliminated, such as the Department of Education and the Environmental Protection Agency, Planned Parenthood funding and obscene artwork sponsored by the National Endowment for the Arts.

The letter from conservative leaders isn’t as specific but addresses GOP members of both the House and Senate, warning that they will be tested.

“In the House, the nation elected in 2012 one of the largest Republican majorities in the past 100 years. You have a mandate to fight for conservative principles that is arguably much broader than the one that narrowly reelected President Barack Obama claims to have for his leftist agenda,” the letter continues.

“Of course, House Republicans alone cannot pass a law, but united you can stop any bill which violates the principles you publicly committed to support. In the Senate you have more than enough Republicans to prevent the passage of anything truly harmful to our country.”

While there is building pressure for the GOP to give in to the White House, the letter warns of the results.

“They want to increase federal power, federal spending, federal taxes, federal deficits, and federal debt. They want to give more advantages to their liberal allies and put more federal money into the pockets of their political cronies. They want to undermine further traditional values and to surrender more of our national sovereignty to international bodies. They want to weaken our country militarily and move America more rapidly in the direction of European socialism.”
Read more at http://www.wnd.com/2013/01/democrats-plan-ano...

Joe Balls

Since: May 11

Location hidden

#53949 Jan 7, 2013
Democrats just don't get it. Taxing us 1 trillion more, then spending two trillion more, doesn't decrease our debt, the morons.
Guru

Canyon Country, CA

#53950 Jan 7, 2013
Joe Balls wrote:
Democrats just don't get it. Taxing us 1 trillion more, then spending two trillion more, doesn't decrease our debt, the morons.
obama loves it because it will destroy this country....while he bails out rich. anyone who can't see through this dangerous marxist fool is an idiot.

even the dems are getting nervous at this morons's sloth and complete lack of understanding about money/debt/revenue/inflation/a nd ultimately, the dissolution of this country. he could care less. he is like a drug addict in a pharmacy. taxes can be undone, but not debt.
Guru

Canyon Country, CA

#53951 Jan 7, 2013
Pau wrote:
It'll be a cold day in Waianae[Hell] before I'd ever enlighten a Yellow Streak of your nature. Nice try, bigot.
here slut, a great place for your next vacation....
http://www.guardian.co.uk/world/shortcuts/201...
Guru

Canyon Country, CA

#53952 Jan 7, 2013
c2c tonight will be a good one...
http://www.coasttocoastam.com/show/2012/08/25

Joe Balls

Since: May 11

Location hidden

#53953 Jan 7, 2013
Guru wrote:
<quoted text>
here slut, a great place for your next vacation....
http://www.guardian.co.uk/world/shortcuts/201...
Send the Obama's to Los Roques for their next vacation!

Since: Jun 12

Location hidden

#53955 Jan 7, 2013
Pau wrote:
It'll be a cold day in Waianae[Hell] before I'd ever enlighten a Yellow Streak of your nature. Nice try, bigot.
Just as predicted and right on schedule

BTW ND lost, another of your prediction down the tube.
LOW TESTOSTERONE JACK

Canyon Country, CA

#53956 Jan 7, 2013
....here I am in the alley behind the Jack and the Box on Kalalaua, after I got my first testosterone injection for my ...problem. Works good, huh!
http://www.naughtybits.us/wp-content/uploads/...
Guru

Canyon Country, CA

#53957 Jan 7, 2013
Leeward LOLO

Honolulu, HI

#53958 Jan 8, 2013
Guru wrote:
Ian't this what America is now all about? Borrow and spend.

One comment:

Tony Villar at 6:25 AM January 08, 2013
It's amazing how people never complain about the $820 Billion homeowners cashed-out of their home's equity during the housing bubble. Or the $675 Billion in Home Equity Loans they took out. That's $1.4 Trillion dollars that was spent. During the six years of the housing bubble, the majority of mortgages were for refinancing an existing house, not for the purchase of a new home. In fact, the ratio is nearly three to one.
It's also amazing how people forget all the non-bank entities that contributed to this mess. Countrywide, New Century, and Ameriquest are not banks. Yet they originated the majority of the sub-prime loans. 60% of their mortgages were non-traditional loans; option ARMs, hybrid-ARMs, No Doc/Low Doc, Ninja Loans, etc. That compares to 15% at the large banks. And even then, the large banks limited themselves to traditional ARMs and completely avoided the toxic Option ARM type loans.

Joe Balls

Since: May 11

Location hidden

#53959 Jan 8, 2013
Leeward LOLO wrote:
<quoted text>
Ian't this what America is now all about? Borrow and spend.
One comment:
Tony Villar at 6:25 AM January 08, 2013
It's amazing how people never complain about the $820 Billion homeowners cashed-out of their home's equity during the housing bubble. Or the $675 Billion in Home Equity Loans they took out. That's $1.4 Trillion dollars that was spent. During the six years of the housing bubble, the majority of mortgages were for refinancing an existing house, not for the purchase of a new home. In fact, the ratio is nearly three to one.
It's also amazing how people forget all the non-bank entities that contributed to this mess. Countrywide, New Century, and Ameriquest are not banks. Yet they originated the majority of the sub-prime loans. 60% of their mortgages were non-traditional loans; option ARMs, hybrid-ARMs, No Doc/Low Doc, Ninja Loans, etc. That compares to 15% at the large banks. And even then, the large banks limited themselves to traditional ARMs and completely avoided the toxic Option ARM type loans.
These were the only loans available to people that think big rims on their SUV are more important than a roof over their family's head. They should do a news survey to see how many loans were given to inheritants that re-fi'ed their dead parent's home, bought news stereos, and a new SUV with RIMS, and dope, and are now clamoring that the government owes them because they've been tossed off their old property for non-payment ot the new mortgage. I'd bet there are tons of stories like that right here in Hawaii, where locals emulate mainland blacks.
Guru

Canyon Country, CA

#53960 Jan 8, 2013
Leeward LOLO wrote:
<quoted text>
Ian't this what America is now all about? Borrow and spend.
One comment:
Tony Villar at 6:25 AM January 08, 2013
It's amazing how people never complain about the $820 Billion homeowners cashed-out of their home's equity during the housing bubble. Or the $675 Billion in Home Equity Loans they took out. That's $1.4 Trillion dollars that was spent. During the six years of the housing bubble, the majority of mortgages were for refinancing an existing house, not for the purchase of a new home. In fact, the ratio is nearly three to one.
It's also amazing how people forget all the non-bank entities that contributed to this mess. Countrywide, New Century, and Ameriquest are not banks. Yet they originated the majority of the sub-prime loans. 60% of their mortgages were non-traditional loans; option ARMs, hybrid-ARMs, No Doc/Low Doc, Ninja Loans, etc. That compares to 15% at the large banks. And even then, the large banks limited themselves to traditional ARMs and completely avoided the toxic Option ARM type loans.
...that is true. Never thought of it that way.

But there are so many other aspects of this that it is amazing. Most of that money was laundered drug money, according to reports from others. They made the bar so low that anyone could get far more than needed, or could even qualify for. That money found a home...millions of them. The banks took all money, and Congress changed the rules, and the entire thing took off. Nobody did their job, and they even changed the docs to make the lie even worse without the knowledge of the borrowers. And a million other things...and nobody went to jail under obama. Nobody.

They did all of this on purpose. Every aspect of fraud and corruption was there, and nobody goes to jail, yet millions lost their homes due to fraud. it has ruined this country, and it will never come back from this point on. They will print so much money that the fallout is yet to come. Make sure you have no debt when that happens.

The likely scenario of this is that the entire system crashes. Cracks are everywhere now. In every part of the world. So just live day to day, take care of your own business, and play the game for as long as it is there. If we get out of this mess, then we will be lucky.

The only thing I can say is that I am glad I never participated in that crap. Once I saw the 2001 debacle and so many people get raped by the tech bubble, that told me they would go for real estate next. And they did. The fact that nothing happened to these banks/etc. means that it will all happen again. The financial penalties for them is that they paid one-sixteenth of one percent as a penalty, while receiving a total bailout and billions in bonuses. They have a nice inventory to pick from in houses, commercial to spend it on, and the taxpayers gave it to them after they stole their homes and everything else from them first. obama does nothing through his DOJ to prosecute any of this after he OK'ed the bailouts and bankrupted the world. He did it and we lost. You should see all the Chase banks on every corner that suddenly popped up after the bailouts. Thousands of them, all look the same, and are beautiful. In every Wells Fargo that I go to now they have door-openers, women running all over everywhere asking you if you want bottled water, oranges, candy, coffee. All of that BEFORE you get ten feet in the door to do your banking. It is disgusting. Instead of giving you interest, now they give you candy.

Remember, they were supposed to re-lend those $Trillions back out, then suddenly "changed their minds" just before idiot obama signed off on it. They knew they could control him. No doubt the bc had something to do with it. They gave him the POTUS, and they got the world. And they are still doing it.

The lesson is, we are on our own. Your government is there for itself, not us. So live day by day.

This is not over yet.
Pau

Since: Jan 11

Honolulu, HI

#53961 Jan 8, 2013
moi hole wrote:
<quoted text>
Just as predicted and right on schedule
BTW ND lost, another of your prediction down the tube.
Cutesy Pseudonym - you really are a stalking troll aren't ya.

On another thread I had an opinion on the BCS game with another commentator. It was an opinion, freak show, not a prediction.

Speaking of freak show, why did you create,[another], topix login so you could only retort to my postings? I outed you long ago.

Not a prediction on outing, not an opinion on outing, but FACT!

LMFAO!

Since: Jun 12

Location hidden

#53962 Jan 8, 2013
Pau wrote:
<quoted text>
Cutesy Pseudonym - you really are a stalking troll aren't ya.
On another thread I had an opinion on the BCS game with another commentator. It was an opinion, freak show, not a prediction.
Speaking of freak show, why did you create,[another], topix login so you could only retort to my postings? I outed you long ago.
Not a prediction on outing, not an opinion on outing, but FACT!
LMFAO!
Just as predicted and right on schedule

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Waipahu Discussions

Title Updated Last By Comments
Mr. President, Donald Trump (Aug '15) 1 hr We ALL love Prez ... 2,246
The Nazis are banning plastic bags 3 hr Joe Balls 26
Trump made our Military great again 5 hr Harold 5
God HELP Me IN PURGING OBAMA FROM MY HEAD 13 hr District 1 35
Preacher Jim (Feb '11) 16 hr EEEw Yuck 595
The Muslim World is Broken (Sep '15) 18 hr Joe Balls 878
Wut Da Fuh? 18 hr Joe Balls 48

Waipahu Jobs

More from around the web

Personal Finance

Waipahu Mortgages